Rio enjoys solid second quarter
Increased copper production, higher copper prices and the acquisition of the Metal Goods division helped Rio Algom (TSE) post solid revenue and earnings figures for the second quarter.The company earn…
Rio Algom Limited
Companies (August 14, 1995)
INDEXAgnico-EagleAlleghenyAmerican BullionAsarcoBarrick GoldBattle MtnBema GoldCanAlaskaCash ResourcesColumbia YukonCons MagnaCons NirvanCons ViscountFalconbridgeFirst LabradorFormation CapitalGold R…
Cathedral to drill-test Guyanese gold prospect
Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…
STOCK MARKETS — TSE 300 makes gains as profit-taking ensues
Strength in the TSE 300 composite index accumulated in the early part of the report week ended July 18, as the leading index broke through the 4,700-point level, setting a record for the fourth consec…
STOCK MARKETS — Interest rate cut spurs TSE to record highs
A drop in interest rates ignited the Toronto Stock Exchange 300 composite index, which proceeded to blast through three successive record highs during the 5-day report period ended July 11. The compos…
Companies (May 29, 1995)
Aber Akiko GoldAltaiAmax GoldAshton Mng CanAurAurizonBarrick GoldCaledoniaCamphor VCanyonChampionChannelConquistdr Cons SamrkdContl PacfcDiamnd FldsEcho BayElectra MngFalcon…
Musto shareholders support offer
Shareholders of International Musto Explorations (TSE) have tendered almost 33.4 million shares (or about 98% of those that are outstanding) in favor of a bid made by Rio Algom (TSE) and Australian-ba…
INVESTMENT COMMENTARY — Investors advised to pursue promising junior
With the takeover of International Musto Resources (TSE) by Rio Algom and Australian-based North Ltd. all but complete, investors may be on the lookout for juniors exhibiting similar exploration poten…
Musto backs Rio/North offer
A takeover bid of International Musto Explorations (TSE) by Rio Algom (TSE) and North Ltd. of Australia has the support of Musto’s board of directors.RN Galaxy, a company formed by Rio and North, offe…
STOCK MARKETS — Precious metals lack lustre; Diamond Fields near $60
The gold price continued to trade sideways and the silver price tumbled during the report period ended May 9. On more upbeat news, the Dow Jones Industrial Average (DJIA) in New York continued to asto…
Companies (May 15, 1995)
AberAdanacAdikannAkikoAlbannyAlmadenAmerican REsArgentina GoldArimtecoAtlanta GoldAuraurizonAzcoBattle MountainBell MolybdenumBHPCamphorCanada TungstenCanyonCathedralChaseChief Cons Minin…
STOCK MARKETS — Silver still in favor; Placer out of Musto race
Gold traded sideways, but silver continued to find favor with speculators during the report period ended May 2. At the Commodity Exchange of New York, the cash price for silver approached US$6 per oz….